highflying

American  

[hahy-flahy-ing] / ˈhaɪˈflaɪ ɪŋ /

Or high-flying

adjective

1. moving upward to or along at a considerable height.

   highflying planes.

2. extravagant or extreme in aims, opinions, etc.; unduly lofty.

   highflying ideas about life.

3. having a high cost or perceived value.

   the highflying glamour stocks.

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Etymology

Origin of highflying

First recorded in 1575–85; high + flying

Example Sentences

To technical strategists, this amounts to the latest sign that the bull market that began in late 2022 remains on solid footing, even if some highflying artificial-intelligence plays have struggled recently.

From MarketWatch

Clearly, investors have been moving money out of highflying AI-related stocks and redeploying cash to basic, analog businesses.

From MarketWatch

While the stock-market selloff is putting the traditional year-end rally in doubt, some market analysts said a 5% pullback would be normal and technically overdue given highflying valuations of technology stocks.

From MarketWatch

Another factor could simply be investors booking gains on winning trades, especially with several highflying tech names still up dramatically since the April tariff shock.

From MarketWatch

Bitcoin’s weakness, coupled with a selloff in highflying momentum plays in the stock market, has sparked concerns about whether investor appetite for these trades might be waning.

From MarketWatch